Diamondback Energy revenue and financials

FANG · NASDAQ · USD

$184.98Change from previous close: +0.49%Absolute change: +$0.90

Close · October 6, 2026

In the fiscal year ended December 2025, Diamondback Energy reported revenue of $15.03B (+35.79% year over year). Net income was $1.66B, a net margin of 11.1%.

Annual revenue · 2025: $15.03B
  1. $527.11M2016
  2. $1.21B2017
  3. $2.18B2018
  4. $3.96B2019
  5. $2.81B2020
  6. $6.8B2021
  7. $9.64B2022
  8. $8.41B2023
  9. $11.07B2024
  10. $15.03B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+35.79%
2025 vs 2024
Net income growth
−50.15%
2025 vs 2024
Net margin
11.1%
2024: 30.2%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total assets70,21870,08071,05976,21371,94170,06667,29265,74735,63729,69029,00128,049
Current assets2,6502,7041,9152,5812,0664,0832,1102,0227,8251,9481,6211,916
Cash and equivalents4621741041592191,8161613706,908896582827
Receivables1,9302,1611,3861,6251,5341,5911,5851,430830942846996
Inventory67.079.086.086.011511711612655.057.063.070.0
Net property, plant and equipment66,77266,61368,62172,53369,22964,89664,47263,05327,09927,02426,67425,365
Long-term investments244236227406438432145377550529534519
Current liabilities5,6784,8164,6004,1423,7594,7534,8114,4632,1372,1182,1082,141
Accounts payable1,2641,1811,168426210124943198331243261358
Long-term debt11,06613,14913,74615,87015,15213,08012,17112,00112,1126,7736,7586,408
Total debt12,61413,89814,87916,24215,133———————
Total liabilities26,23327,44028,09230,57929,12228,32327,43026,92817,11011,67111,57111,065
Total equity (incl. minority)43,98542,64042,96745,63442,81941,74339,86238,81918,52718,01917,43016,984
Retained earnings6,0384,4674,7406,4865,7585,3524,2383,4273,1872,7052,4892,136
Minority interest6,0856,1675,9956,5463,9383,2702,1261,3901,0791,069805704